Committee for a Responsible Federal Budget
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Blog | April 2011

Welcome to our blog – The Bottom Line, where you’ll find up-to-date commentary and analysis on the most important news in the fiscal world. Below is a list of our blog posts.
Apr 29, 2011 | Budgets & Projections

The Onion Fills in Gaps in Obama Framework

Last week we issued an analysis of the fiscal framework that President Obama recently unveiled. We noted that, while it was a strong step in the...
Apr 29, 2011 | Economics

Live Webcast: The Moment of Truth

At 3:15 p.m. today, as part of the New America Foundation's 2011 Retreat, Slate Group Chairman Jacob Weisberg will moderate The Moment of Truth:...
Apr 29, 2011

MY VIEW: Maya MacGuineas

Today's Washington Post features an op-ed by CRFB president Maya MacGuineas on ways to improve President Obama's debt failsafe proposal. She writes...
Apr 28, 2011 | Taxes

Targeting Budget Process, Triggering Fiscal Progress

“Trigger” has become the term du jour in the budget world as of late, particularly as it relates to the debt limit, and it doesn’t...

Senator Reid In Favor of 'Deficit Cap' in Debt Limit Increase

Yesterday, Senate Majority Leader Harry Reid (D-NV), proposed adding a "deficit cap" to forthcoming legislation to increase the debt...
Apr 27, 2011 | Economics

Stimulus Provisions: Extended or Not?

In early 2009, lawmakers enacted an economic stimulus package to help stem the economic freefall which was shedding hundreds of thousands of jobs per...
Apr 27, 2011

Former CRFB Chairman Leon Panetta Selected to Be Next Secretary of Defense

UPDATE: Gordon Adams over on CG&G argues that Panetta is the right man for the job for three reasons: he knows budgets, he's a decisive...
Apr 26, 2011 | Economics

What Happens If China Stops Buying Our Debt

Megan McArdle at The Atlantic writes about what happens if China stops buying U.S. Treasury bonds. She points out that a fiscal crisis is unlikely to...
Apr 25, 2011

MY VIEW: David Stockman

In Sunday's New York Times, CRFB board member David Stockman wrote an op-ed discussing the recent budget proposals from President Obama and House...
Apr 25, 2011 | Budget Process

‘Line’ Items: Post Easter Edition

After the Bunny – Easter has come and gone. Chocolate-induced comas are being overcome and many -- though not Congress -- return this week from...